Respuesta :
When MR = MC = P, the firm is producing, assuming perfect competition. Price is $18, thus MR is also $18. It is making 3 units if MC is six times the quantity.
What is the marginal cost?
In economics, the technique of fixing a product's price to cover the additional expense of generating an additional unit of output is known as marginal cost pricing. This policy limits the producer's ability to charge for each unit of a product sold to the addition to the total cost attributable to materials and direct labor.
How do you estimate marginal cost?
The additional costs spent by manufacturing more units of an item or service are known as marginal costs. By dividing the overall variation in the cost of manufacturing additional items by the variation in the amount of goods produced, it is determined.
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